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22102 West Morton Drive

22102 West Morton Drive, Lake Villa, IL 60046
House in Lake Villa
Sold Oct 18, 2019
$133,000
$128,913 by Key Mortgage Services Inc
Mortgage Due Jul 01, 2049
Sold Jun 06, 2018
$117,000
$82,000 by Black Square Real Estate Inc
Mortgage Due Dec 01, 2019
Local assessors in Lake Villa, IL have categorized 22102 West Morton Drive as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 8,703 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 22102 West Morton Drive has a total of 956 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a well system. As for water disposal, the home is connected to a septic system and not a municipal sewage or storm sewage system. Therefore the homeowner of this property will need to handle their own water disposal every three to five years - though the exact number may differ. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 280 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Jun 14, 2019 for $133,000. That's $107.61 per sqft. Prior to that sales transaction, the property was also sold in Apr 4, 2018 for $117,000. 22102 West Morton Drive was last assessed in 2023. The total value of the property was assessed at $47,687. Specifically, the land the property is located on was valued at $5,771. While improvements on the property were assessed at a total of $41,916. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,561. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,703
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,236
  • Gross Building Area: 1,261
  • Building Area: 956
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 956
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Septic
  • Water Service: Well

Building

  • Property Class: Residential
  • Subdivision: VENETIAN VILLAGE UNIT NO. 7
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VENETIAN VILLAGE UNIT NO. 7 LOT 7 BLOCK 85

Ownership

  • Current Owner : FOSTER STEVEN J
  • Current Owner 2: FOSTER KATHRYN
  • Previous Owner : BLACK SQUARE MIDWEST LLC
  • Owner Before Previous Owner: FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Grayslake Community High School District 127
  • Census Tract: 861013

Geography

  • District: LAKE VILLA
  • Parcel: 06-04-404-012
  • Block: 85
  • Lot: 7
  • Municipality: TWP OF LAKE VILLA
  • Latitude: 42.401
  • Longitude: -88.0649

    Address

  • Full Address: 22102 W Morton Dr
  • Legal Unit: 7
  • Address - House Number: 22102
  • Street Direction: W
  • Address - Street Name: Morton
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Lake Villa
  • Carrier Code: R003
  • 4-Digit Zip Code: 9480
  • Zip Code: 60046

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,561
  • Tax Rate Code Area: 5014

    Appraisal Valuation

  • Standard Deviation: 0.1864
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 195,396
  • High Value: 231,829
  • Low Value: 158,963

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $134,229
  • First Open Lien Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Open Lien Mortgage Recording Date: Oct 18, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $128,913
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2049
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Open Lien Mortgage Recording Date: Oct 18, 2019
  • Second Open Lien Mortgage Loan Amount: $5,316
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $143,076
  • Market Land Value: $17,315
  • Market Improvement Value: $125,761

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,687
  • Assessed Land Value: $5,771
  • Assessed Improvements Value: $41,916

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 14, 2019
  • Current Sale Recording Date: Oct 18, 2019
  • Current Sale Transaction ID: 11664617946
  • Current Sale Price: $133,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 7601739
  • Previous Sale Recording Date: Jun 06, 2018
  • Previous Sale Contract Date: Apr 04, 2018
  • Previous Sale Amount: $117,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: Oct 18, 2019
  • First Mortgage Loan Amount: $128,913
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BLACK SQUARE REAL ESTATE INC
  • Previous Mortgage Transaction Date: Jun 06, 2018
  • Previous Mortgage Loan Amount: $82,000
  • Previous Mortgage Term: 17
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Dec 01, 2019

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Frequently Asked Questions

What neighborhood is 22102 West Morton Drive located in?
The 22102 West Morton Drive is a house located in the neighborhood of Lake Villa in Venetian Village, Lake Villa.
What is the average sales price for listings in 22102 West Morton Drive?
The average sales price for units in 22102 West Morton Drive is $0 currently.

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